It also reduced its holding in Huntington Ingalls Industries (NYSE:HII) by 157,901 shares in the quarter, leaving it with 13,498 shares, and cut its stake in Ishares Silver Trust Etf (SLV). Schwab Charles Investment Management Inc now holds 1,557,705 shares valued at $88,727,000. Nordea Investment Management AB now owns 15,000 shares of the technology retailer's stock worth $860,000 after acquiring an additional 48 shares during the last quarter. The Return on Equity ratio of Best Buy Co., Inc. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Thrivent Financial For Lutherans lifted its holdings in shares of Best Buy Co.by 1.7% in the 2nd quarter.
Best Buy Co, Inc is a provider of technology products, services and solutions.
The focus shifting on performance of the Best Buy Co., Inc. The company has a market cap of $17,113.36, a PE ratio of 14.82, a P/E/G ratio of 1.18 and a beta of 1.42.
The company now has an insider ownership of 0.4 Percent and Institutional ownership of 91.3 Percent. Best Buy Co had 89 analyst reports since August 10, 2015 according to SRatingsIntel. (NYSE:BBY) is getting prepared to post earnings results on 11/16/2017 8:30:00 AM. The retailer reported an EPS of $0.78, increasing from the previous year's $0.60, but staying in-line with analysts' estimates. The company had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.36 billion.
23 analysts on average are expecting Best Buy Co., Inc.to report earnings of $1.67 per share for the current quarter.
A number of research analysts have recently weighed in on the stock. The correct version of this article can be read at https://www.dispatchtribunal.com/2017/11/16/best-buy-co-inc-bby-receives-consensus-rating-of-buy-from-brokerages.html. Shares were down 5.2 percent shortly after open on Thursday. Piper Jaffray Companies reiterated a buy rating and set a $70.00 target price on shares of Best Buy Co.in a report on Thursday, August 3rd. (NYSE:BBY) received a Buy rating from 0 analysts. Bernstein initiated Best Buy Co Inc (NYSE:BBY) rating on Monday, February 6. As per Monday, May 29, the company rating was maintained by Barclays Capital.
As you can see in the 5-minute chart above, shares of BBY took a dive following Q3 results and are now trading at $55.26 after closing Wednesday at 57.30, marking a 3.5% drop in value. "Similarly, the company's Chief Human Resources Officer Scarlett Kathleen on 2017-09-20 Sell 10797 shares of the company at a price of $52.49". The shares were sold at an average price of $57.26, for a total transaction of $179,452.84. Following the transaction, the general counsel now owns 66,873 shares in the company, valued at approximately $4,007,030.16. The disclosure for this sale can be found here. Also, CFO Corie S. Barry sold 3,134 shares of the business's stock in a transaction on Tuesday, October 3rd. Parametric Portfolio Assocs Ltd Liability Com reported 0.1% of its portfolio in Best Buy Co Inc (NYSE:BBY). If you are reading this piece on another publication, it was stolen and republished in violation of USA & global trademark & copyright laws. Relative Strength Index (RSI-14) for Best Buy Co., Inc. $39,279 worth of Best Buy Co Inc (NYSE:BBY) was sold by Watson Mathew. The Firm offers services and products to the clients visiting its stores, engaging with Geek Squad agents, or using its Websites or mobile applications. It has activities in the United States, Canada and Mexico. They also operate in three segments: Best Buy, Musicland and worldwide. "(NYSE:BBY)" was first published by TrueBlueTribune and is the sole property of of TrueBlueTribune.